Fund shares refer to those that are publicly issued by the fund sponsor to investors, indicating that the holder has the right to distribute the expected annualized expected income, the right to acquire the remaining property after liquidation, and other related rights based on the share held by the holder, and assumes corresponding obligations. certificate.

The specific methods for calculating the net value of the fund mainly include: 1. The securities that are listed and circulated are valued at the market price (average price or closing price) listed on the stock exchange on the valuation date; If there is no transaction on the value day, the market price valuation on the transaction day will be used. 2. Unlisted stocks are divided into two situations: The stocks that are listed and circulated and belong to the issuance of new shares or rights issues are calculated based on the market price of the same stock listed on the stock exchange on the valuation day. If there is no transaction on that day, the market price on that day is used. Calculation; unlisted shares belonging to initial public offerings are calculated at their cost price. 3. Unlisted treasury bonds and bank deposits are calculated based on the principal plus the accrued interest until the valuation date. 4. Allotment warrants, from the ex-rights date to the allotment confirmation date, are calculated based on the difference between the market price and the allotment price; if the market price is lower than the allotment price, the allotment price is calculated. 5. Other unlisted securities are calculated at their cost price. 6. The dividends and bond interest distributed shall be calculated based on the actual amount received up to the valuation date. 7. Other methods specified in the fund contract. Liabilities and expenses that can be subtracted from the total asset value of the fund mainly include: redemption payments payable, management fees payable, custody fees payable, commissions payable, interest payable, expected annualized expected returns payable, taxes payable, other payables, etc. .

Calculation of the subscription and redemption price of fund shares The price of fund shares is the funds that investors need to pay or obtain after they subscribe or redeem fund shares. The price calculation of fund shares involves two related concepts: subscription and redemption. The subscription and redemption prices of fund shares are calculated based on the net value of the fund shares on the subscription and redemption dates plus or minus relevant fees.